Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2024 with solid gains. Through the first two months of 2025, however, performance for these mega-cap stocks has been mostly negative thus far...
Continue ReadingOntario Premier Doug Ford has expressed his support for retaliatory tariffs in response to U.S. President Donald Trump‘s proposed 25% tariff on automotive imports. What Happened: According to a report by CTV News, Ford urged Prime Minister Mark Carney to convene a first ministers’ meeting following Trump’s announcement. Ford, speaking at Queen's Park on Wednesday, emphasized a “tariff for tariff” approach, while awaiting Trump’s actions on April 2. "I do not want to hurt other provinces, but I c...
Continue ReadingAmazon Eyes Longer Prime Day Sale to Boost Revenue...
Continue ReadingAs reporting becomes a regulatory requirement in more countries, it will be a challenge for enterprises operating in multiple countries and/or regions...
Continue ReadingSalke stepped down and signed a production deal with Amazon MGM Studios...
Continue ReadingThe CoreWeave IPO priced at $40 a share, well below the official range. The Nvidia-backed cloud-computing startup tests demand for AI stocks...
Continue ReadingTesla (NasdaqGS:TSLA) experienced a 16% increase in its share price last week, highlighting a robust performance amid challenging market conditions. This price movement comes as major indexes, including the S&P 500 and Nasdaq, faced declines following concerns over rising inflation and weak consumer sentiment. Despite these broader economic concerns negatively impacting mega-cap tech stocks, including a decline in companies like Amazon and Microsoft, Tesla's resilience stands out. The.....
Continue ReadingThe AI cloud computing provider CoreWeave made its debut on the Nasdaq Friday under the ticker CRWV. The stock fell around 6% immediately after shares began trading before reversing direction...
Continue ReadingMore than 90% of the analysts covering these stocks have them rated Buy. That raises the risk of downgrades if they disappoint...
Continue ReadingShares of the electric vehicle (EV) company Tesla (NASDAQ: TSLA) traded 3.4% lower, as of 12:18 a.m. ET today. The Federal Reserve's preferred gauge of inflation, the Personal Consumption Expenditures index, rose 0.4% from the prior month and came in at 2.8% higher year over year, slightly above estimates. Meanwhile, Deutsche Bank analyst Edison Yu issued a report on Tesla Friday morning, maintaining his buy rating but lowering his price target from $420 to $355...
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